The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Markets-world WRAP-update

Contributed by NAMPA / AFP.

Asia stocks down as plunging oil prices hammer energy firms
ATTENTION - ADDS close in Hong Kong, open in Europe ///
Hong Kong, Nov 15, 2017 (AFP) - Asian energy firms extended a global sell-off Wednesday, dragging regional equity markets, as oil prices continued to tumble on the back of warnings of slowing demand and rising stockpiles.
Both main contracts were down more than one percent as investors were spooked after the International Energy Agency (IEA) cut its forecast for crude consump ...